We aim to create long-term value for our stakeholders and society through managing our resources in a responsible manner. Safety is our number one priority, and we aim to be leading on Environmental, Social and Governance (ESG) performance.
Our ambition is to be a top quartile oil and gas company measured in carbon intensity by 2030. Safety, decarbonisation, diversity, and a positive impact on society are all integral elements of our strategy for long-term value creation.
We support the goals of the Paris Agreement and recognise the need for the oil and gas industry to reduce its greenhouse gas footprint. We are focused on reducing emissions across our operations and portfolio and we support the Norwegian oil and gas industry’s target to reduce emissions by 50 percent by 2030 and achieve net zero emissions by 2050.
Although our strategy is focused on oil and gas, we aim to deliver oil and gas with the lowest possible emissions, and we also seek to develop low carbon business options needed to reach the net zero goals, focusing on carbon storage.